In the News
Weichert Realtors Invites in Local Brokerages as Part of Expansion Effort
11/19/2008
-- One of the nation’s largest privately-held real estate companies sees
opportunity
for expansion in current
market --
MORRIS PLAINS, N.J.– The current
economy poses major challenges for many companies. Real estate brokerages are no exception. Many small and medium-size brokerages are
finding it difficult to stay afloat. As one of the nation’s largest privately-held
real estate companies, Weichert, Realtors is seeking brokerages interested in joining
their leading company as a way to survive the challenges of the current market.
“The
current issues facing real estate brokers today are greater than at anytime in
recent memory,” said James M. Weichert, president and founder of Weichert,
Realtors. “Even some of the best run and well-established brokerages are
finding out that they don’t have the resources to weather the storm.”
Historically,
challenging markets have presented an opportunity for larger brokerages that
have the resources to invest in their long-term growth. Since its inception as
a one-office brokerage in 1969, Weichert, Realtors has grown to be a national
real estate company by both acquiring small and regional brokerages and through
organic growth.
Currently,
Weichert is searching for companies that will both increase their presence in
existing markets and fuel their expansion in new markets.
“Joining
Weichert offers a brokerage the chance to become part of our team and benefit
from a winning approach based on the proven infrastructure and systems that has
fueled our growth and success now for nearly 40 years,” added Weichert.
“Brokerages can also feel good knowing they’ll be part of a company that will provide
the highest quality of service to the existing clients and communities they
have served.”
Brokerages
interested in learning more about joining Weichert can contact Bill Spadea, vice president of business development,
at 973-397-3556 or bspadea@weichertrealtors.net.
Weichert has nearly 18,000 sales
associates in more than 500 company-owned and franchised sales offices in key
markets throughout the U.S. A family of full-service real estate and
financial services companies, Weichert helps customers buy and sell both
residential and commercial real estate, and streamlines the delivery of
mortgages and home and title insurance.
For more information, Weichert's customer service center can be reached
at 1-800-USA-SOLD or at Weichert's Web site, www.weichert.com. Each Weichert franchised office is
independently owned and operated.
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